The gory details of the Congressional Budget Office’s report on the House legislation to “repeal and replace” Obamacare are, in many ways, superfluous. The bill’s flaws, substantive and otherwise, have long been evident. Less clearly understood, though equally disturbing, is the larger political context. That’s not to say the particulars of the CBO report, released Wednesday, are irrelevant: far from ...

Three years after he was elected, Prime Minister Narendra Modi looms over India’s political scene like no other leader in the country’s recent history. And his critics must explain why his mass appeal seems unimpaired, despite his increasingly authoritarian ways and growing failures. Modi is far from realizing his promises of economic and military security. Pakistan-backed militants continue to strike ...

Universal basic income (UBI) schemes are often rejected out of hand as too expensive. In some countries, however, paying every resident a basic income sufficient for survival could actually result in budget savings. That’s the surprising conclusion in a fresh policy brief from the Organization for Economic Cooperation and Development (OECD). The OECD decided to contribute to the basic income ...